Leasehold
A foreigner can own land through a registered lease or by having a company which they control to purchase the land. There is no way a foreigner can owe land outright except you registered married with Thai people.
Both methods are safe if they are properly set up by legal professionals and this is the most important consideration that needs emphasizing.
Leasehold are safe and quite uncomplicated in which the land or land with house is leased for a certain amount of years, normally a 30 years leasehold with appropriate extensions 30 years and 30 years.. are similar get to Freehold, and this is all registered with the Local Land Office. This method is preferred by some due to its simplicity and especially as there is no requirement for a company set up.
Freehold Control
Incase others would prefer to actually set up Thai company whereby the Thai company owns the land. The owner (The foreigner) would only have 49% of the company shares but the land code of Thailand along with the foreign business act does not prohibit foreign control. Here the correct and proper legal structure must be followed to retain effective control over a Thai majority owned company whilst at the same time avoiding anti-agency and anti-nominee provisions. Here, the most important part of the company structure set up is to create a preferential share system that although the preferential shares giving him complete and legal control over the company.
Ownership and running a Thai Company does have certain responsibilities and tax implications so let these and the complete structure be explained to you in a language you understand by a legal professional.
Owning a piece of land in Thailand can be a beautiful and certainly rewarding experience (both financially and lifestyle wise) but whatever you do consult advice from a professional and then you will have a lovely home with secure and safe assets.
This land & house for sale is located the south of Koh Lanta. Just 300 meters from Klong Jark beach and 450 meters from Ao Nui Bay beach (The best nature of public which is MT beach).
Plot included Teak Wood house 2 floors (already to stay) are 1 Rai 12 sq m or (1,612 sq m) plot perfect for a small private home or estates. Over looking rainforest Mountain View, sea view and just 1 hour walk to the jungle explore the caves and waterfall.
Facility: Close to public road and ready electric city, free water supply and possible to order the house phone. Nor Sor 3 Kor title. Sale THB 3.5 Million
